Nvidia director Mark Stevens sold 1,848,501 NVDA shares for approximately $411 million across three days this week, setting a new record for Nvidia insider stock sales by dollar value. The transaction was executed by the Third Millennium Trust, for which Stevens and his wife are co-trustees, at a weighted average price of $222.26 per share. This sale surpasses the previous record by $175 million, which was held by Tench Coxe, another Nvidia director, in September 2024. Stevens also filed with the SEC for a potential additional sale of up to $1.09 billion, which would shatter his own record set earlier this week. The sales were not executed under a predetermined trading plan pursuant to SEC Rule 10b5-1.
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